Claire Jones

Chris Giles, an economics commentator for the Financial Times, and Claire Jones, the incoming U.S. economics editor, tackle the Federal Reserve’s tightrope walk amidst President Trump's trade wars. They dissect how tariffs create inflationary pressures even as consumer prices dropped. The discussion focuses on Chair Jay Powell’s tough choices: prioritize economic growth or keep inflation in check. They also highlight the broader impacts of these decisions on everyday Americans and the Fed's cautious approach to interventions.

Mark Blyth, a professor and author known for his critique of austerity, claims that spending cuts are self-harm during economic downturns. Claire Jones, an analyst from the Financial Times, discusses the pivotal role of the Bank of England amidst these austerity measures. Joel Suss hosts the conversation, exploring the independence of central banks and the effectiveness of unconventional monetary policies. Together, they address the misperceptions surrounding debt and advocate for a shift towards growth-focused economic strategies.